Brookfield has submitted an application to develop a A$400 million ($266 million) build-to-rent development in Brisbane, Australia, according to local news outlets.
The development will be located at 11 Macarthur Ave., Hamilton, adjacent to the planned athlete village for the Brisbane 2032 Olympic and Paralympic Games. It will include two 23-story towers with 560 purpose-built apartments, a cafe, a shop/dog-grooming salon, co-working space and a gymnasium.
“For build-to-rent projects to succeed, it is crucial that architects provide the framework for residents to truly love where they live and connect with their neighbors,” said Nicky Drobis, a partner at Fender Katsalidis, the architecture firm that won the design contract. “At Hamilton, we have thought deeply about the established neighborhood and lifestyle and the role these towers can play in this community’s bright future by integrating with the forthcoming Olympic Village.”
